Latest International Financial Crisis stories on ABC New England North West NSW

Latest International Financial Crisis stories on ABC Online

A decade after the global financial crisis, international political analyst George Friedman reflects on what he calls the end of the post-Cold War era. He argues the 2008 collapse of Wall Street giant Lehman Brothers and Russia's invasion of the former Soviet Republic of Georgia signalled an end ...

Exactly ten years ago Lehman Brothers, one of Americas largest banks, collapsed, threatening the entire global financial system. Before filing for bankruptcy, Lehman Brothers had been one of the biggest investment banks in the US. Its collapse was followed by a full-blown global panic of a sort ...

The Turkish lira went into freefall last week after Donald Trump doubled US tariffs on imports of Turkish aluminium and steel. And the Turkish currency was not the only thing that crashed as Turkeys relationship with the US plunged to its lowest point in decades. Presidents Trump and Erdogan are ...

A new report is warning that Australia's construction industry could face its biggest decline since the Global Financial Crisis. BIS Oxford Economics predicts that home building could see its sharpest fall since 2008 over the next two years. The research group says residential construction ...

Theres money to be madeand lostinvesting in digital currencies. You can even bypass the banks and their fees. The underlying technology could revolutionise our financial system, but is this unregulated innovation worth the risk? David Lewis reports. ...